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Economy Price changes since 2000 – What got cheaper and what got much more expensive

Maciamo

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Price changes in the UK​

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Price changes in the US​

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I couldn't find similar charts for other countries, but the trend for many consumer products, it's probably the same in most countries.

Electronics and toys have become considerably cheaper over the last 25 years. Clothing, furniture, appliances and new cars they have relatively stable prices. Their price changes has remained well below the official inflation rate.

Food prices have increased everywhere, especially some specific products like coffee and chocolate which have a limited production ranch in tropical countries and an increasing demand from countries like China putting pressure on global supplies.

House prices have increased a lot in the U.S and the UK. It's even worse in other countries like Canada, Australia or Portugal. But not all developed countries have seen tremendous growth in property prices. Prices have actually fallen in countries like Japan, Italy and Finland.

In the UK, electricity prices, rail transport and childcare have all got much more expensive since 2000. Countries that have invested a lot in renewable energy like Spain have seen an actual decrease in electricity prices. Government policies have a very strong influence on electricity prices.

The United States has very unique problems of its own, namely a grossly overpriced health care system, and university fees. In contrast, these two things are very cheap or even free in most European countries.
 
The United Kingdom is an outlier regarding foreign communication prices. One of the few countries where prices keep increasing steadily year after year. In the United States (see chart above) and most of the EU price tend to decrease over time.

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